FINANCE

Whole Foods Feels Katrina’s Impact

BY CSA STAFF

Austin, Texas, Whole Foods Market said it expects to incur a loss of $5 million to $6 million in sales from the impact of Hurricane Katrina, which analysts estimated could knock about 1? per share off earnings in the fourth quarter. The company shuttered five stores in South Florida for one to three days and two stores remain closed and inaccessible in Louisiana.

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Dick’s Connects With AT&T

BY CSA STAFF

Pittsburgh, Dick’s Sporting Goods will install an Internet Protocol Virtual Private Network (IP VIN) designed to integrate all retail stores, corporate offices and distribution centers. The system will be provided by AT&T. “Knowing that our data is secure enables us to focus on our core mission,” said Linda Walker, VP of infrastructure and security for Dick’s. Dick’s has 239 locations and had sales of $2.1 billion in 2004.

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New Counsel for Dress Barn

BY CSA STAFF

Suffern, N.Y., The Dress Barn appointed Gene L. Wexler as senior VP and general counsel, effective immediately. He will report to David R. Jaffe, president and CEO.

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